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date: 04 December 2020

Abstract and Keywords

In an international investment system wherein an external conflict resolution system is shopped for as and when needed, the introduction of an appellate system in International Centre for Settlement of Investment Disputes (ICSID) with potential precedential consequences for other bilateral investment systems poses interesting challenges. This article presents in brief some of the arguments for an appellate process in the investment sphere. It also discusses various developments that have led to a number of learned conferences on investment arbitration in which the proposal for an appellate system has been the subject of discussion involving both academics and practitioners in the field. It identifies some of the potential appellate options, and focuses on the development perspective to such a proposal. This article is proffered mainly as a framework paper focusing on some key issues. It discusses the inter alia involved in the development perspective in the establishment of an appellate process in the investment sphere.

Keywords: international investment, appellate system, bilateral investment systems, inter alia

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